news agency
Gas exports from the US to EU countries increased by almost 2.5 times

Gas exports from the US to EU countries increased by almost 2.5 times

This material (information) was produced, distributed and (or) sent by a foreign agent of RS-Balt JSC or relates to the activities of a foreign agent of RS-Balt JSC. 18+

Exports of liquefied natural gas (LNG) from the United States to Europe rose to 117.4 million last year from 47.8 million cubic meters. m in 2021, according to the Council of Economic Advisers at the White House. Such data are provided in a report on the state of the US economy last year and published on the website of the US administration.

Analysts note that a significant impact on US exports of energy resources, including oil and LNG, was caused by interruptions in supplies against the backdrop of a Russian special operation in Ukraine. “U.S. LNG and oil exports are up significantly from the high levels already achieved in 2021. In the case of LNG, U.S. exports have also shifted significantly to European countries as Russia curtailed its once-dominant pipeline natural gas supplies.

In February, U.S. Assistant Secretary of State for Energy Geoffrey Pyatt announced a doubling of U.S. LNG exports to the European Union over the past year. American companies supply Europe with 70% of all their exports, he specified in November. Thus, the EU, according to Pyatt, “significantly strengthened its energy security.”

Source: Rosbalt

You may also like

Hot News

TRENDING NEWS

Subscribe

follow us